Mahindra Last Mile Mobility Ltd to launch game-changing electric Four-Wheeler 'e-ZEO'

On World EV Day, Mahindra Last Mile Mobility Limited (MLMML), the pioneer in transforming last mile mobility in India with its market-leading e3Ws, has revealed the name of its all-new commercial electric four-wheeler. MLMML's latest breakthrough in sustainable mobility: the all-new electric four-wheeler will be called 'eZEO'. The name 'e-ZEO', stands for "Zero Emission Option", unequivocally conveys the environmental benefits of the electric vehicle. It resonates with the Company's mission: to electrify the last-mile transportation and help customers prosper in their lives.

The all-new Mahindra 'e-ZEO' will be a compelling EV option in the ICE-dominated SCV category. The 'e-ZEO' comes with an efficient high-voltage architecture that gives superior energy efficiency, higher range and faster charging times. This along with a compelling cost advantage, will make it the ideal choice for businesses.

World EV Day, celebrated every year on September 9, marks a global commitment to sustainable transportation. The launch of the 'e-ZEO' is a testament to Mahindra's dedication to advancing this movement and driving the transition to a greener future.

Ms. Suman Mishra, MD & CEO of Mahindra Last Mile Mobility said, "Having led the charge in the last mile electric three-wheeler vehicle space, it gives us immense pleasure to reveal the brand name of our four-wheeler, 'e-ZEO', on World EV Day. This name resonates deeply with our purpose and aligns with global efforts to accelerate EV adoption, particularly in the sub-two-tonne category. Backed by the Mahindra trust, the 'e-ZEO' is poised to reshape urban logistics and drive prosperity for our customers."

The 'e-ZEO' will be launched on October 3, 2024, marking a new era for Mahindra in the commercial four-wheeler e-mobility revolution.

Shares of Mahindra & Mahindra Limited was last trading in BSE at Rs. 2697.05 as compared to the previous close of Rs. 2730.15. The total number of shares traded during the day was 193098 in over 14756 trades.

The stock hit an intraday high of Rs. 2738.75 and intraday low of 2680.00. The net turnover during the day was Rs. 521489153.00.

Source : Equity Bulls

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